Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

This is what is called the “ownership society.” Those who own key economic niches will get increased rights and powers. Republicans have sponsored laws to let media companies search your computer and trash them if they find someting they don’t like. There is pressure to hinder self recording because in theory it could be used for information one doesn’t own.

This is what the dominant wing of the Republican party stands for. Bush used family connections to get as city toi condemn land (at one third value) and build him a baseball park. Cheny and Rumsfeld sold government contacts for high corporate position.

Department after department is being destroyed because government is considered a fiefdom to put cronies in. Fema was seriously improved under Bush, now it’s killed with experienced workers driven out. The CIA and the VA (turned into an effective system under Clinton) are on the target list. Look at how contracts were decided in Iraq.

What the Republican party wants is feudalism, not capitalism. Government will be used to protect economic niches and entrench the elite.

The Democrats are not known for free market but they don’t attempt to fully destroy markets and competition. Republicans do.

Whether CDs are a value or not depends on the earnings and PE right ? If you buy $18.99 CDs and get 1 good song that strikes me as getting what you deserve but didn’t earn :).

On the other hand if you manage to buy the Complete Brahms Chamber works – all 10 CDs of the most equisitely beautiful and exultative music concieved by God and performed by vacationing angels, well you take my earnings assessment point – for $54+S&H from Amzn’s used store and it has 12.4 hrs and 96 ‘songs’ of music then I’m paying $60/744 min = $.08/min instead, or $.63/song.

On the other hand clearly the music companies haven’t figured any of this out as yet. The real point you’re making is that the industry has completely lost site of what they could be doing to help the customer.

Consider instead if they made CDs available at $7/CD and also had online backup archives supported by forums and communities. And if disappearing, disappeared and new acts could be avaiable in online access and for dloading. Why you might re-vitalize the industry and music-making. Hmmm….sounds to me like there’s an entrapaneurial opp here maybe ?

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About Barry Ritholtz

Ritholtz has been observing capital markets with a critical eye for 20 years. With a background in math & sciences and a law school degree, he is not your typical Wall St. persona. He left Law for Finance, working as a trader, researcher and strategist before graduating to asset managementRead More...

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